satsumastacker on Nostr: The price matters because its currently how we gauge purchasing power. Purchasing ...

The price matters because its currently how we gauge purchasing power. Purchasing power is the whole game when it comes to money. Since 99.9999% of the world operates on a fiat standard, it makes sense we measure our purchasing power as bitcoiners in fiat terms.

I absolutely care about number go up technology (quoting saifedean (nprofile…e3uc)) because it attracts new entrants and selfishly let's me enjoy the fruits of my labor more.

The only point of money is to be able to exchange it for things with 'real' value like food, shelter, etc... Not just to accumulate tokens, whether they are dollars, yen, or bitcoin